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I don't like to trade Bollinger Band exclusively and but several times when I trade trends and find trend directions in sideways markets, I prefer to use Bollinger more because it also tells about sudden changes in the market. and the data market changes its conditions and we need to make changes according to market conditions and will try to develop them with endless profitable strategies and once again thank you for sharing this stage with us
The strategy that gives you 20% profit every day from invested capital can be the best and make you rich in 2 months. I mean, what else do you expect if you already have this strategy? It is always easier said than done and someone can talk about anything but it is practically contrary. We always need to develop strategies until we achieve what we want. and unfortunately of course I am also looking for strategies that can help me to get my daily profit as much as 20%. So far, I have tried to get a good strategy, but everything has not satisfied me. Hopefully the strategies you share can help me.
This is not a serious approach to fully relying on indicators. We must always understand what we are trading and that is price and when we do not consider prices in our trade, we will get a blow until we have a lot of experience and retest certain strategies and this type of strategy is really not good for someone who is still a student when he starts looking for a strategy with indicators and tries for 2 3 years until he realizes that price is the only important factor and the second important factor is the context that tells you the best reason to determine the price to move or with trends and your post above shows that you use pairs other than eur / usd. Is this suitable for my favorite partner. I am a beginner, so just want to use eur / usd pair
well, what a shame when I saw that there was no technical trading strategy working on news time. During the news time all technical strategies and indicators cannot predict the market and are also not useful in trading news. And unfortunately all members. Thank you for your praise for shooting this strategy, you know to increase your time very much, the best strategy partners show these numbers, and you want to market ...
yes, my dear, I always believe that we must know that forex traders have to face challenges in trade and we must know that we must develop our own trading strategy because our own strategies are more reliable and can be executed in our trading platform and Bollinger bands show their market volatility - the broad band shows high volatility and narrow bands showing low volatility in the pair. This is a particular form of trade that exploits a period of very low volatility - which exploits broad trends. This is called "extortion". The volatility period is low, where the candlestick is "depressed" in the Bollinger ribbon, and has little space on the beach. This period usually results in high volume escape and trends.
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yar main es forum main new aya hoon main es forum sa boht kucha earned karna ha main na es forum ko es laya join ka ha muaja ya fourm boht pasand ha es laya man na es forum ko pasand ka ha wasa man na es forum main ko best ya ahce strategy nhi pana q k muja thora waqat ho ha trading ko join ka howa haiiiiiiiii.......
In my opinion the trader must build his trading system using several technical indicators to achieve a complex strategy. The forex is not an exact science and therefore the strategies must be tested for a long time to determine its true effectiveness.
Indeed its a very nice strategy but we can not use it on news time. as we can see in above image that after hitting tp(middle bollinger) at about 0.8870 the price still continued to climb and at price 0.8875 we get a sell signal as price touched upper bollinger band.So if you enter there than the price will go against you and the result will be in case of loss.
So the thing is how to avoid this?
Ans Is simple. When the price touches the bollinger band than wait for the next candle if it is opposite to the first one than enter the trade otherwise don't.
Here you can see.
See Enter at the red arrows(Sorry for my bad drawing) and don't enter at cross.I don't say it becomes perfect but i think risk is reduced.And the most important thing don't use this strategy in news time.
I don't think that's a safe strategy. If we are going to sell at the upper line of BB what if a breakout will occur. We cannot always hope to reject the resistance line, right? I want to ask what is your exit strategy, you will always need a set for stop losses because everything does not always go as we expect. I think Bollinger Band is good for a breakout strategy. and Plan your trade and trade your plan is really the best way to get profit. For beginners like me, the couple you suggest, what's the best way to determine which pair will help. Any methodology or describe an explanation for beginners